Guide to COVID-19 Economic Stimulus Relief from cfpb

This is important information that I received from the cfpb (Consumer Financial Protection Bureau) and I wanted to share it.  I trust you will share it with those you feel may need this information.  Stay well.


The majority of Americans will start to see some financial relief in April through economic impact payments being issued by the Internal Revenue Service (IRS). We’ve worked to break down the most common questions about these payments.

A few key things to know:

  • For most people, you won’t have to do anything – the payment will be directly deposited into your bank account or sent to you by check. Be aware, however, that if it’s sent by check, it might take a little longer.
  • Read the blog for details if you are not typically required to file taxes.
  • The IRS urges anyone with a tax filing obligation who has not yet filed a tax return for 2018 or 2019 to file as soon as they can to receive an economic impact payment. Taxpayers should include direct deposit banking information on the return. Keep in mind that the IRS has extended the deadline for filing your 2019 taxes until July 15, 2020, and you’ll have until the end of 2020 to claim your money.
  • The IRS has a separate online application, “Get My Payment,” which allows you, if you filed your tax return in 2018 or 2019 but did not provide your banking information on your return, to submit direct deposit information so that you can receive payments immediately, as opposed to checks in the mail. “Get My Payment” will also allow you to track the status of your payment.



AmeriFirst Financial, Inc., 1550 E. McKellips Road, Suite 117, Mesa, AZ  85203 (NMLS # 145368). 1-877-276-1974. Copyright 2018. All Rights Reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Click Here for Licensing Information. The services provided by Karen Jones are not a condition, nor do they create any obligation for any form of remuneration for any real estate settlement service related to any referral.  The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Karen Jones does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Karen Jones will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.